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Bezzdna [24]
3 years ago
13

Mark is looking for professional financial assistance. Mark has never invested before and is not quite sure where to start. He k

nows that he wants to build up investments for future projects such as retirement, but he is not sure how to navigate investment in light of his existing debts. Recommend an appropriate financial professional for Mark. A. Full-service broker b. Discount broker c. Accountant d. Financial planner Please select the best answer from the choices provided A B C D.
Business
2 answers:
Savatey [412]3 years ago
7 0

The recommended appropriate financial professional for Mark. A is: d. Financial planner.

Financial planner is a financial professional or financial adviser who is in the right position to give financial advice or to provide financial guidance to you.

A financial planner can help you plan your finances so as to avoid running into debt which will in turn will enables your to achieve your financial aims and goals.

It is the duty of a  financial planner  to give you some insight on how you can grow your wealth and how to manage your wealth.

Based on the given scenario Mark should consult a financial planner who will help him plan his finances as well as how to build his investment for future project.

Inconclusion the recommended appropriate financial professional for Mark. A is: d. Financial planner.

Learn more about financial planner here:brainly.com/question/25773057

Salsk061 [2.6K]3 years ago
4 0

Answer:

It's D

Explanation:

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Break-even point in units=  25,000

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<u>To calculate the number of units to be sold and the sales dollars required, we will use the break-even point analysis. The following formulas are required:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

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Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at
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Answer:

a. Activity rates for each activity

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Assembly      = $7/dlh

Setup             = $450/setup

Inspection      = $230/inspection

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Provided there are various activities as follows

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Fabrications    $522,000        7,250 dlh             21,750 dlh            29,000 dlh

Assembly        $182,000         19,500 dlh            6,500 dlh             26,000 dlh

Setup               $195,750         52 setups            383 setups           435 setups

Inspection         $166,750        91 inspections     634 inspections    725 inspt.

a. Activity rates for each activity

Fabrications   =   $522,000/29,000 dlh = $18/dlh

Assembly     =     $182,000/26,000 dlh   = $7/dlh

Setup           =      $195,750/435 setups = $450/setup

Inspection    =      $166,750/725 inspections = $230/inspection

b.  Activity-based factory overhead per unit for each product

Activity              Speed Boats                                     Bass boats    

Fabrications       7,250 x $18 = $130,500             21,750 X $ 18 = $391,500

Assembly           19,500 X $7 = $136,500             6,500 X $7 = $45,500

Setup                  52 X $450 = $23,400                383 X $450 = $172,350

Inspection           91 X $230 = $20,930                 634 X $230 = $145,820

Total of both                    = $311,330                              = $755,170

Total units are 2,500 of each product

Cost p.u.  = $311,330/2,500 =$124.532    = $755,170/2,500 =$302.068

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b.  Activity-based factory overhead per unit for each product

Speed Boats = $124.532

Bass boats  = $302.068

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